Strong support for DNO International-RAK Petroleum merger at the DNO extraordinary general meeting
(Thomson Reuters ONE) -
DNO International ASA's shareholders today approved the proposed merger with RAK
Petroleum PCL's MENA operating subsidiaries by 76.5 percent favorable votes at
an extraordinary general meeting held in Oslo.
"I am very pleased with the shareholders' resounding endorsement of DNO's board,
management and our forward strategy. This transaction is the first of many that
will transform DNO into a larger, stronger oil and gas company," says Bijan
Mossavar-Rahmani, Executive Chairman. "After weeks of unnecessary noise and
distraction, we can focus again on creating value for all shareholders," he
added.
The proposed merger will be presented to the shareholders of RAK Petroleum for a
vote at an extraordinary general meeting on 3 November.
Oslo, 1 November 2011
DNO International ASA
Corporate Communications
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: DNO International ASA via Thomson Reuters ONE
[HUG#1559957]
Unternehmensinformation / Kurzprofil:
Datum: 01.11.2011 - 18:58 Uhr
Sprache: Deutsch
News-ID 82688
Anzahl Zeichen: 1637
contact information:
Town:
Oslo
Kategorie:
Business News
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"Strong support for DNO International-RAK Petroleum merger at the DNO extraordinary general meeting"
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